MoneyRates Blog

$8 Billion CD Fraud Alleged. What Will You Pay For Risk?

February 24, 2009
By Peter Miller | Money-Rates Columnist

The SEC claims a banker defrauded investors in an $8 billion CD scheme. Peter G. Miller looks at the motivation behind such investments.

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State Bank of India’s CD Rates

September 14, 2007
By MoneyRates team | Money-Rates Columnist

State Bank of India has popped back onto the radar with an increase in CD rates for all terms from 1 month to 5 years or longer. The Indian bank, which has a FDIC-insured U.S.-based division, has U.S. operations in New York, Chicago, Los Angeles, and Washington DC. FDIC-insurance is applicable to accounts set-up online [...]

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Bank CD Indexed to One-Year Treasury Yield

August 15, 2007
By MoneyRates team | Money-Rates Columnist

PFF Bank and Trust is offering a one year CD in which the rate is indexed to the 1-year Treasury yield + 15 basis points. This CD allows additions at anytime of $500 or more without extending the maturity term. The minimum deposit to open the CD is $1,000.00.
When factoring in the broker commissions [...]

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